25
25
tv
eye 25
favorite 0
quote 0
autumn statement george osborne says plan b. would be a complete disaster for britain so george osborne has admitted that tackling britain's debt mountain will take longer than hoped but warned that changing course would be a complete disaster no this ladies and returning yes the country takes a swan dive into george osborne's play. hole. so as we said in the first story there's a black hole of debt in the banking sector around the world there's a black hole of debt taking over the world and because of this we keep on like some sort of magical sort of ancient ritualistic people were throwing all of our wealth into this black hole. you know if they've got the heads of you know those ancient. i think is. that there is no money to go to the book critics of the ok go so into this black hole like began to you know that's what they say what happens if we if you get too near a black hole you just basically turn into speed getty so our global economies and our jobs and our wealth are like spaghetti going into this black hole and so g.d.
autumn statement george osborne says plan b. would be a complete disaster for britain so george osborne has admitted that tackling britain's debt mountain will take longer than hoped but warned that changing course would be a complete disaster no this ladies and returning yes the country takes a swan dive into george osborne's play. hole. so as we said in the first story there's a black hole of debt in the banking sector around the world there's a black hole of debt taking over the world and...
32
32
tv
eye 32
favorite 0
quote 0
it's taking time but quality is healing those are pretty much the first words out of the george osborne's mouth that was meant to love in the houses of parliament it's the way he tells them isn't it i mean he then delivered us in this autumn statement the red is a kind of mini budget the following has in fact been revised up that is rising not falling and the person can't settle in for more spending cuts more cost of welfare and all stereotype all the way to twenty eighteen and despite all of that he still tried to convince us that the government are making some progress now it wasn't particularly bright autumn statement no one was expecting that we were expecting this her cluing me forecast for the economic future but it was pretty tough and of course as we said the chancellor trying to convince people that things are actually working that they're pushing ahead with a similar plan that many people are saying is simply failing. he's definitely not up to the job and hasn't been right from the outset what he has is an ideology which is about dismantling an important welfare state and making
it's taking time but quality is healing those are pretty much the first words out of the george osborne's mouth that was meant to love in the houses of parliament it's the way he tells them isn't it i mean he then delivered us in this autumn statement the red is a kind of mini budget the following has in fact been revised up that is rising not falling and the person can't settle in for more spending cuts more cost of welfare and all stereotype all the way to twenty eighteen and despite all of...
36
36
tv
eye 36
favorite 0
quote 0
osborne george should be arrested he should be arrested for misappropriation of public. seat on. this. program sixty five thousand pounds per job the welfare is going now not going down and they keep cutting benefits because. public money. sixty grand son friend of. one of the people who profit from. us i'm playing sax. and putting a point of profits into offshore accounts is no recession it's a robbery the charges he's sending the. civil cannot. even be found we're going to cry even mo no i have no sucky. sucky no life so people end up. the hardest of the sonny bono single mums do you know telly children don't pay says george osborne i wouldn't go near that taxi. well ok so because of course we're having the austerity budget here and nowhere is mentioned of course what the bankers are doing and why and we're suffering austerity we're living in containers they were being exiled from the cities for the bankers loss of income caused by banks as bad as world war says bank of england's and you haldane and he is the bank's executive director for financial stability max and he
osborne george should be arrested he should be arrested for misappropriation of public. seat on. this. program sixty five thousand pounds per job the welfare is going now not going down and they keep cutting benefits because. public money. sixty grand son friend of. one of the people who profit from. us i'm playing sax. and putting a point of profits into offshore accounts is no recession it's a robbery the charges he's sending the. civil cannot. even be found we're going to cry even mo no i...
24
24
tv
eye 24
favorite 0
quote 0
osborne george should be a risk he should be arrested for misappropriation of public seat on. this. program sixty five thousand pounds. joe. well we now know. i know you kind of benefit big. public money. sixty grand son for don't. want to pay people who profit from not us i'll. try x. . and put in a point of profit. sure it is no recession it's sort of robbery the child. he's sending their. children cannot. even we're going to try even no no no i have no sucky no time suck you know. so people end up. don't have noticed if. you go single moms do you know generally don't pay says george osborne i wouldn't go near that taxi. well ok so because of course we're having the austerity budget here and nowhere is mentioned of course with the bankers are doing and why and we're suffering austerity we're living in containers and we're being exiled from the cities for the bankers loss of income caused by banks as bad as world war says bank of england's and you haldane and he is the bank's executive director for financial stability max and he said quote in terms of the loss of incomes and
osborne george should be a risk he should be arrested for misappropriation of public seat on. this. program sixty five thousand pounds. joe. well we now know. i know you kind of benefit big. public money. sixty grand son for don't. want to pay people who profit from not us i'll. try x. . and put in a point of profit. sure it is no recession it's sort of robbery the child. he's sending their. children cannot. even we're going to try even no no no i have no sucky no time suck you know. so people...
151
151
Dec 5, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
been talking about the chancellor george osborne today. the british finance minister expected to ramp up fiscal titan numbers. he specifically might take another pop at the property market. many experts say it's hurt the residential market in greater london. today he might stick another percent on that stamp. he might raise it over 1%. joining us is sue foxley. good to see you. thanks so much for joining us. mark field says -- he's quoted today, he says figures show we've had a 53% decrease in greater london property sales between 2 and 5 million. is it all stamp duty? how much of an impact do you think it's had? >> i think stamp duty was really the nail in the coffin for that part of the market during this period. i mean certainly there is a struggle there in terms of the economy and there is uncertainty in order to make a big investment like that. people are a little bit nervous. i think the caution now is not so much the actual figure, which obviously don't's things particularly just over two million, but it's more the concern that actu
been talking about the chancellor george osborne today. the british finance minister expected to ramp up fiscal titan numbers. he specifically might take another pop at the property market. many experts say it's hurt the residential market in greater london. today he might stick another percent on that stamp. he might raise it over 1%. joining us is sue foxley. good to see you. thanks so much for joining us. mark field says -- he's quoted today, he says figures show we've had a 53% decrease in...
19
19
quote
eye 19
favorite 0
quote 1
osborne because you know while they have slashed the budget across the united kingdom for the people of the united kingdom they have increased their overseas aid budget and in order to pay for that perhaps they planned on selling bongos trousers or bonaduce trousers on the international market blackwork it yeah well i think the poem you know it's about the fragility of the global system you know that you have these g twenty and g seven con fabs. and they all seem to be talking around the issues meanwhile the stain of a global economy is getting more dire more fragile and something like stealing
osborne because you know while they have slashed the budget across the united kingdom for the people of the united kingdom they have increased their overseas aid budget and in order to pay for that perhaps they planned on selling bongos trousers or bonaduce trousers on the international market blackwork it yeah well i think the poem you know it's about the fragility of the global system you know that you have these g twenty and g seven con fabs. and they all seem to be talking around the issues...
43
43
tv
eye 43
favorite 0
quote 0
or chancellor george osborne starting his statement by saying that the british economy is slowly healing now that certainly elicited loves from the house of commons but calls that he painted at the think clearly unfunny picture of the future of our economy now have a look at what the figures show us and it is actually that the economy set to shrink by the end of twenty twelve by about nor point one percent now it's a small amount but of course new sides of that all important growth in fact what we saw is the borrowing is up is that the debt is rising and not falling and that what will set the scene now is more cuts in spending more cuts to the welfare and that's that's really important millions of families all across britain in real terms now very importantly one of the crucial bits of that statement is that we've seen the government have missed that debt reduction target that they set themselves and we're now facing and also there is the program that's been extended left going to take us away to twenty eight hundred so incredibly bad knees certainly the chancellor trying to paint it as
or chancellor george osborne starting his statement by saying that the british economy is slowly healing now that certainly elicited loves from the house of commons but calls that he painted at the think clearly unfunny picture of the future of our economy now have a look at what the figures show us and it is actually that the economy set to shrink by the end of twenty twelve by about nor point one percent now it's a small amount but of course new sides of that all important growth in fact what...
22
22
tv
eye 22
favorite 0
quote 0
tragic why do you think that george osborne the. recognize that when we see these austerity measures being pursued in the e.u. clearly not working in the eurozone i should say and clearly having a devastating impact particularly on the social and political level. because it's a matter of the school pride in some respects that was born always maintained that the most important thing was to get debt down and that would lead to growth and he's not willing not willing to back down and and he believes actually that you will be vindicated in time by the time the election i do think he won't be as original i was to go into the election saying i've cleared the deficit i've cleaned up the mess in fact now whichever party wins next election whether it's they will the concept is it's going to inherit it's a new best almost. to have to write sort of dropped about five more years of a stir you know the british public put up with this bearing in mind what we're seeing happening in greece spain italy protests. i think i think actually they probabl
tragic why do you think that george osborne the. recognize that when we see these austerity measures being pursued in the e.u. clearly not working in the eurozone i should say and clearly having a devastating impact particularly on the social and political level. because it's a matter of the school pride in some respects that was born always maintained that the most important thing was to get debt down and that would lead to growth and he's not willing not willing to back down and and he...
32
32
tv
eye 32
favorite 0
quote 0
osborne brought little relief for a public already angered by government cuts off the sort of first reports from london where everyone now madly picking their way through the facts and figures and while was there a lot of figures one thing was very very clear and that is that the u.k. is set to face even more austerity you know what those figures say this was that the u.k. economy is going to shrink by not point one percent by the end is twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has gone up we think that the debt has risen and fallen and most crucially i think is probably the fact that the government have missed the reduction target so we're now facing an extended austerity program this game say it's right the way to twenty eighteenth's a pretty gloomy outlook and this is what we were a. bit of course that's going to really not be what millions of families all across the again to one thing here and because this is really going to bring in real terms now to speak to us more about this horse
osborne brought little relief for a public already angered by government cuts off the sort of first reports from london where everyone now madly picking their way through the facts and figures and while was there a lot of figures one thing was very very clear and that is that the u.k. is set to face even more austerity you know what those figures say this was that the u.k. economy is going to shrink by not point one percent by the end is twenty twelve now it sounds like a small amount but of...
72
72
tv
eye 72
favorite 0
quote 1
osborne because you know while they have slashed the budget across the united kingdom for the people of the united kingdom they have increased their overseas aid budget and in order to pay for that perhaps they planned on selling bongos trousers or bonaduce trousers on the international market blackwork it yeah well i think the poem you know it's about the fragility of the global system you know that you have these g twenty and g seven con fabs. and they all seem to be talking around the issues meanwhile the stain of a global economy is getting more dire more fragile and something like stealing bottles trousers could be that straw that broke the camel's back it could be the way for that goes into the man at the money python movie where then explodes you say that's not a poem is about it's about it's about fragility in the system. i do seem to recall the promise trousers were stolen right at the peak of the bubble the global fine before the global financial collapse happened but you know what this increase in overseas aid budget i'd like to look at this headline here poverty barons wh
osborne because you know while they have slashed the budget across the united kingdom for the people of the united kingdom they have increased their overseas aid budget and in order to pay for that perhaps they planned on selling bongos trousers or bonaduce trousers on the international market blackwork it yeah well i think the poem you know it's about the fragility of the global system you know that you have these g twenty and g seven con fabs. and they all seem to be talking around the issues...
27
27
tv
eye 27
favorite 0
quote 0
osborne brought little relief for a public already angered by government cuts on the surface reports from them well everyone now madly picking their way through the thing is that while we're there is . one thing that was very very clear and so the u.k. is set to face even more austerity no what they say they said it was that the u.k. economy is going to shrink by no point one percent and by the end of twenty twelve now it sounds like a small amount but of course no sign of that all important in fact what we're seeing is that borrowing has got we think that has risen and fallen and most crucially i think it's probably the fact that the government had missed that reduction target so we're now facing an extended austerity program this case they can see right away three to twenty eighteenth pretty gloomy out and this is what we were a. bit of course going to really not be what millions of families all across the again one theory because this is when you get anything. now to speak tell us more about this haunting statement and the challenge that today i'm joined by a labor m.p. and the pu
osborne brought little relief for a public already angered by government cuts on the surface reports from them well everyone now madly picking their way through the thing is that while we're there is . one thing that was very very clear and so the u.k. is set to face even more austerity no what they say they said it was that the u.k. economy is going to shrink by no point one percent and by the end of twenty twelve now it sounds like a small amount but of course no sign of that all important in...
43
43
tv
eye 43
favorite 0
quote 0
osborne what was your reaction to that well i thought that was a very silly statement the truth is every prophecy every target of themselves he has failed he has not met his targets he's not going to do with the deficit as he said the road growth. growth and also there's going to be a huge cart made in benefits pavement to some of the poorest people in the country are going to suffer the most i was resolved to go to and there's no end to this will start to get some and i want to talk to you about that because we saw that just one percent for the benefit of the welfare bill and that's less than inflation you know that's really going to hit a huge. number of book forty seven billion pounds so it will be cut from the benefits bill and we're talking about farmers is a really on the bread line anyway even losing ten twenty pounds a week is a big hit i mean it's a very cold side and it's very cold prospects for britain's poor because they are going to bear the brunt of the sturdy caused by britain's bikers and also doesn't know what he's do when you listen to the rhetoric that when he was spea
osborne what was your reaction to that well i thought that was a very silly statement the truth is every prophecy every target of themselves he has failed he has not met his targets he's not going to do with the deficit as he said the road growth. growth and also there's going to be a huge cart made in benefits pavement to some of the poorest people in the country are going to suffer the most i was resolved to go to and there's no end to this will start to get some and i want to talk to you...
148
148
Dec 20, 2012
12/12
by
KRCB
tv
eye 148
favorite 0
quote 0
tonight, george osborne, britain's chancellor of the exchequer. >> i think i've become more conscious than perhaps i was even two years ago that britain is in a global race with economic powers fundamentally shifted in our world and that western economies face this dual decline choice and do you do what's necessary to remain competetive to take advantage of these new markets in asia and africa and the americas or do you basically surrender to decline? and i think that requires very tough choices about the time and energy and education systems and welfare systems and being not prepared to tolerate poor performance. >> rose: and rick stengel, managing editor of "time" magazine talking about "time" magazine's person of the year. >> i always like to feel the person who wins person of the year it's both backward looking in terms of the year past and forward looking in terms of what that person will do in the next year and beyond and obama is a perfect example of that. the next america is the america of today. which is why in effect he's person of the year. because he's the architect of thi
tonight, george osborne, britain's chancellor of the exchequer. >> i think i've become more conscious than perhaps i was even two years ago that britain is in a global race with economic powers fundamentally shifted in our world and that western economies face this dual decline choice and do you do what's necessary to remain competetive to take advantage of these new markets in asia and africa and the americas or do you basically surrender to decline? and i think that requires very tough...
134
134
Dec 5, 2012
12/12
by
WETA
tv
eye 134
favorite 0
quote 0
in britain today, the finance minister george osborn was forced to defend his policy of austerity in the light of economic growth. >> when georgia osborn when to address the house of commons from the british economy -- on the british economy, he had to read mcvet is taking much longer than in must got to balance -- he had to admit it is taking much habrÉ than it osborn when o address was first thought to balance the nation's books. >> the people want to know that we are making progress, and the message today is that we are making progress. it is a hard road, but we are getting there. >> he pointed to the economic problems globally that are making his job harder. as a result, the chancellor announced austerity would have to last for logger, until 2018, in fact. that means more benefits will now be squeezed, and there will be a tax rates on the pension pops. >> i know these tax measures willthought to balance not be r. ways to reduce the deficit never are. but we must act together. when you look for savings, it is fair to local to the 1%. >> with multiple forecasts being downgraded, i
in britain today, the finance minister george osborn was forced to defend his policy of austerity in the light of economic growth. >> when georgia osborn when to address the house of commons from the british economy -- on the british economy, he had to read mcvet is taking much longer than in must got to balance -- he had to admit it is taking much habrÉ than it osborn when o address was first thought to balance the nation's books. >> the people want to know that we are making...
80
80
Dec 5, 2012
12/12
by
WMPT
tv
eye 80
favorite 0
quote 0
in britain today, the finance minister george osborn was forced to defend his policy of austerity in the light of economic growth. >> when georgia osborn when to address the house of commons from the british economy -- on the british economy, he had to read mcvet is taking much longer than in must got to balance -- he had to admit it is taking much habrÉ than it osborn when o address was first thought to balance the nation's books. >> the people want to know that we are making progress, and the message today is that we are making progress. it is a hard road, but we are getting there. >> he pointed to the economic problems globally that are making his job harder. as a result, the chancellor announced austerity would have to last for logger, until 2018, in fact. that means more benefits will now be squeezed, and there will be a tax rates on the pension pops. >> i know these tax measures willthought to balance not be r. ways to reduce the deficit never are. but we must act together. when you look for savings, it is fair to local to the 1%. >> with multiple forecasts being downgraded, i
in britain today, the finance minister george osborn was forced to defend his policy of austerity in the light of economic growth. >> when georgia osborn when to address the house of commons from the british economy -- on the british economy, he had to read mcvet is taking much longer than in must got to balance -- he had to admit it is taking much habrÉ than it osborn when o address was first thought to balance the nation's books. >> the people want to know that we are making...
100
100
Dec 20, 2012
12/12
by
KQED
tv
eye 100
favorite 0
quote 0
. >> rose: george osborne is here. he is britain's chancellor of the exchequer. he has been called the austerity chancellor. he continues to lead the increasingly controversial austerity process. in a piece called "god sieve the british economy" in the upcoming "new york times" magazine adam davidson writes "in the past two years the united states has experienced a steep downturn followed by steady though horrendously slow upturn. the british economy, however, is profoundly stuck. the u.k. has been put on negative watch on three largest credit rating agencies. the european union is britain's largest trading partner, europe's economy remains on prepares you footing despite several months of relative calm and there's a growing debate about whether the u.k. should lead the e.u. earlier this month we covered the "economist" magazine read "good-bye europe, look what happened when britain left the e.u. " i'm pleased to have george osborne back on this program and back at this table. >> thank you very much. >> rose: you're in new york city for a speech at the manhattan
. >> rose: george osborne is here. he is britain's chancellor of the exchequer. he has been called the austerity chancellor. he continues to lead the increasingly controversial austerity process. in a piece called "god sieve the british economy" in the upcoming "new york times" magazine adam davidson writes "in the past two years the united states has experienced a steep downturn followed by steady though horrendously slow upturn. the british economy, however, is...
20
20
tv
eye 20
favorite 0
quote 0
s warning is chancellor george osborne's fears of certain measures which the agency says is that she dragging on growth now earlier today i spoke to dick parsons from f.x. strategy and i started by asking him if britain will suffer as a result given that the foreign rights of france and the u.s. were not affected after their downgrades. ultimately credit is a relative measure aaa of itself would be of no use if everyone were aaa because the big no differentiation and so as long as some of our major trading partners and you mentioned the u.s. and france have already been downgraded then the stigma or the perception that somehow this would be a bad thing i think is not going to be too difficult to handle but we have seen that borrowing costs in france a fall and despite them now being double a we've seen that in the u.s. borrowing costs continued to fall even after it was downgraded by most of the ratings agencies in august of two thousand and eleven it's not such a big deal these days as far as person is concerned is it a case of bad policies or in international passes what's to blame
s warning is chancellor george osborne's fears of certain measures which the agency says is that she dragging on growth now earlier today i spoke to dick parsons from f.x. strategy and i started by asking him if britain will suffer as a result given that the foreign rights of france and the u.s. were not affected after their downgrades. ultimately credit is a relative measure aaa of itself would be of no use if everyone were aaa because the big no differentiation and so as long as some of our...
26
26
tv
eye 26
favorite 0
quote 0
osborne what was your reaction to that well i thought that was a very silly statement the truth is every prophecy every target of. he has failed he has not met his targets he's not going to do with the deficit he said the road growth will grow and also there's going to be a huge cart made in benefits pavement to some of the poorest people because we are going to suffer the most i was resolved to go for it and there's no end to this all started something i wanted to talk to about because we saw that just one percent for the benefit of the welfare bill and that's less than inflation you know that's really going to hit a huge no. it's about forty seven billion pounds from the benefits bill and we're talking about farmers is a really on the bread line anyway even losing ten twenty pounds a week is a big hit i mean it's a very cold day outside and it's a very cold prospect for britain's pool because they are going to bear the brunt of the thirty calls by britons by all school doesn't know what he's doing thank you very much for joining us that also cause the concern as they said their own pic
osborne what was your reaction to that well i thought that was a very silly statement the truth is every prophecy every target of. he has failed he has not met his targets he's not going to do with the deficit he said the road growth will grow and also there's going to be a huge cart made in benefits pavement to some of the poorest people because we are going to suffer the most i was resolved to go for it and there's no end to this all started something i wanted to talk to about because we saw...
50
50
tv
eye 50
favorite 0
quote 0
osborne ben bernanke wall street they all they all want to piece of skull and join hands and slow play now to be clear here what hollywood accounting is and i used to work in hollywood so i know this is these big entertainment conglomerates basically for example the music music industry used to make money but they would hide all the profits in the losing sector or.
osborne ben bernanke wall street they all they all want to piece of skull and join hands and slow play now to be clear here what hollywood accounting is and i used to work in hollywood so i know this is these big entertainment conglomerates basically for example the music music industry used to make money but they would hide all the profits in the losing sector or.
46
46
tv
eye 46
favorite 0
quote 0
osborne david cameron at number ten number them down for shorting cocaine all day because they obviously don't care if their fuckin banks are body laundering just. well the f.t. article about this story mentions that c. had allowed itself to be used by the mexican drug cartels and therefore it was very passive they were themselves and gauging it but if you follow the new york times article all the way down to the very last paragraph you'll find that the reason why they even charged h.s.b.c. this fine was that in two thousand and ten the comptroller of the currency had found that h.s.b.c. had severe deficiency in the money laundering controls including sixty trillion dollars and transactions and seventeen thousand a cow's flagged as potentially suspicious activities that were not reviewed despite the findings the bank's regulator did not find the bank back then so they were already told that hey you have sixty trillion dollars and transactions that look suspicious. but in a way you could say that is our global financial system all transactions are suspicious really because a lot of them a
osborne david cameron at number ten number them down for shorting cocaine all day because they obviously don't care if their fuckin banks are body laundering just. well the f.t. article about this story mentions that c. had allowed itself to be used by the mexican drug cartels and therefore it was very passive they were themselves and gauging it but if you follow the new york times article all the way down to the very last paragraph you'll find that the reason why they even charged h.s.b.c....
33
33
tv
eye 33
favorite 0
quote 0
osborne ben bernanke wall street they all they all want to piece of scala johanson slow. now to be clear here what hollywood accounting is and i used to work in hollywood so i know this is these big entertainment conglomerates basically for example the music music industry used to make money but they would hide all the profits in the losing sector or vice versa so wherever you wherever you were making profits you could make them disappear somewhere else so no movies ever make profits as well because they convince young ingenues to come out there or well known actors to participate in the film and what they do is they give them back and points they say will pay you in the profits and of course the films don't make profits because they make sure that it all goes to their expenses right it's accounting from you know booking some of the games early for games executives in the short term losses are amortize it to over insanity you know as it's all of this the worst excesses of accounting fraud but this is the model that's been picked up by corporations around the world general
osborne ben bernanke wall street they all they all want to piece of scala johanson slow. now to be clear here what hollywood accounting is and i used to work in hollywood so i know this is these big entertainment conglomerates basically for example the music music industry used to make money but they would hide all the profits in the losing sector or vice versa so wherever you wherever you were making profits you could make them disappear somewhere else so no movies ever make profits as well...
18
18
tv
eye 18
favorite 0
quote 0
osborne's final solution we can only wait and see now again part of this austerity package this austerity autumn budget being passed is again because of the bankers as the haldane says they caused this crisis they lost more wealth today for us than during world war two former boss chairman admits bank was guilty of a lot of mistaken lending lord stephenson the former chairman of boss has admitted that the bank was guilty of quote a lot of mistaken len. doing in the run up to its near collapse in two thousand and eight stephenson admitted on to say that some of his bosses lending was just incompetent it wasn't there was nothing illegal about it well the ease it's almost correct but he's saying he just needs to revise a statement or replace the word mistaken for fraudulent and or a legal that would also suffice what was done was illegal and fraudulent and oh lord puss you know he'll be half naked getting spanked at the club later on you know this week tony for his sins as most of these serb snooty persons atone for the sins they commit against the people oh spent my bottom was where the tus
osborne's final solution we can only wait and see now again part of this austerity package this austerity autumn budget being passed is again because of the bankers as the haldane says they caused this crisis they lost more wealth today for us than during world war two former boss chairman admits bank was guilty of a lot of mistaken lending lord stephenson the former chairman of boss has admitted that the bank was guilty of quote a lot of mistaken len. doing in the run up to its near collapse...
48
48
tv
eye 48
favorite 0
quote 0
osborne's doing now i think the mistake the new government made in two thousand and ten was to firstly trash confidence by saying the u.k. was like greece so we couldn't pay our way which is absolutely rubbish it's part of the ridiculous the second the state they made was to assume that they could eliminate all the problems we had in a five year period and the real problem is that if you have a policy of a sturdy first and foremost it's never going to work on its own and growth has been killed off which means your borrowing or your bets going up and you know the moment the government appears to run out of ideas as to how to get it going again this might sound to our audience like a slightly odd question but do you think that britain would be better or worse off today had it been part of the year is that in two thousand and eight and i ask of course because our budget deficit is still larger than the average euro zone countries is i think we've been part of the euro zone we would have been a worse position because we didn't wouldn't have our own currency and we wouldn't have our own cen
osborne's doing now i think the mistake the new government made in two thousand and ten was to firstly trash confidence by saying the u.k. was like greece so we couldn't pay our way which is absolutely rubbish it's part of the ridiculous the second the state they made was to assume that they could eliminate all the problems we had in a five year period and the real problem is that if you have a policy of a sturdy first and foremost it's never going to work on its own and growth has been killed...
12
12
tv
eye 12
favorite 0
quote 0
george osborne that you know she saw the gold at the bank of england the other day she adds regrettably not all the bars are ours. and i was warmly plies well you know we still have some of that is the key question to whom does this gold belong how many competing claims are there to this gold we know the bank of england has been in the gold leasing business we know the bank for certain of national settlements is in the gold sales swaps leasing business you talk about conspiracies floor and when the when the board of the bank for international settlements which represents all the western central banks holds its monthly meeting they don't call you and say we're having a meeting would you like to attend when the g ten gold and foreign exchange committee meets so committee of representatives of the treasuries of all the major western countries when they meet they don't post a notice they don't say would you like to attend conspiracies by definition these are secret meetings of of government people in a national government people where they may take action bearing on the gold market in the w
george osborne that you know she saw the gold at the bank of england the other day she adds regrettably not all the bars are ours. and i was warmly plies well you know we still have some of that is the key question to whom does this gold belong how many competing claims are there to this gold we know the bank of england has been in the gold leasing business we know the bank for certain of national settlements is in the gold sales swaps leasing business you talk about conspiracies floor and when...